How did Parsvnath Developers CEO resolve the legal issue surrounding non-bailable warrants?
In 2017, a consumer complaint led the National Consumer Disputes Redressal Commission to order a refund, and after a delay in payment, a non-bailable warrant was issued against Parsvnath Developers CEO Sanjeev Jain. The issue was settled when the company deposited the required amount with the court, reflecting its commitment to compliance and customer interests.